Millions working in the Gulf are worried about their livelihoods and the impact on their families, while their employers are worried that they will leave
Positioned between the Strait of Hormuz and the Suez Canal, Egypt is not only absorbing the impact of war—it is transmitting it into the global economy.
From military spending to energy markets, the US-Israeli war on Iran is driving rising costs, with the Strait of Hormuz emerging as a central pressure point
Any disruption in the Hormuz has cascading knock-on effects that extend far beyond energy markets, impacting international trade. Al Majalla explores all this and more.
The country is particularly exposed to energy market mayhem and has urgently trimmed its fuel demands, as three emergency Saudi oil shipments help keep the lights on at home.
Riyadh and Cairo are trying to ease the acute oil shortfall through alternative pipelines, but these are just band-aid solutions, as the world's most vital energy corridor remains closed by Iran